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Zero Revelations

Zero Revelations

by The MoleMay 27, 2010

I just figured out a something I believe is quite exciting (if you can call it that) on the daily Zero. Something I should have seen a long time ago, sorry. My only excuse is that my Zero charts mostly run on my 2nd TOS account and for some reason there has been daily data missing (thanks again TOS!). I just pulled it up on my other account and what I saw is surprising in terms of clarity. As in – we may now know how to recognize major market lows:

I don’t think this needs much explanation. I am seeing very distinct divergences at major market lows. We got one at the this year’s low, which was quickly reversed. Based on that chances for Minor 2 being in the works are increasing. Let’s however not jump at conclusion – we are looking at a long weekend and if there is no follow up next week we may still be in Soylent Red.

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About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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